I'm loving GILD here. Signals on the daily/hrly chartsNASDAQ:GILD
My custom indicators have signaled multiple times on the daily and hourly charts. Our target price is 80.80+
My calls are already in the green and I'm ready. I should have shorted it after it signaled "short" in the meantime.
Bars below turned from red to green which is a positive trend indicator
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GJ to the levelWe should see a bull-run for GJ throughout the next coming hours. I have this analyzed as 5min divergence with the Buy Order. Price should come to the targeted level and manipulation should occur to entice false buys when in reality it will do what it needs to do to create 4H Bearish Divergence. Once that divergence is confirmed the sell will be active.
I've mostly stayed away from penny stocks in 2020 but......this looks so tempting. I've never really tested my custom alerts on penny stocks so we are going to see if it works on NASDAQ:SRNE .
Target price is $6.75+ according to the daily chart. I'm buying one option spread tomorrow (strangle to be specific) and that's it. It's a pure spec play and test. also, tiny position but i'm excited to see if it will work! I might be wishing I did more options in it.
On course to hit another TP 🔥🥵🤑This is a trade I took earlier and hopefully you took the same trade when I sent out my signal. If not then hit that follow button, on absolute fire this week 🔥🔥🔥
So looking at the chart guys, higher highs and higher lows being made, very simple stuff. This tells us the trade is still valid and is still moving in that uptrend.
We almost had a perfect entry 🤑, be sure to hit that follow button and don’t miss out on another trade.
Trade currently sitting around the 35pip mark, just under half way to the TP, aiming for around 80-90pips. SL sitting at break even but with be trailing my stop loss soon.
Consider following 🙏🏻
Risk management is key 🔑
Stay profitable 🤑
On course to hit TP🤑🔥🥵 higher highs lower lows being madeJust a quick update on the trade I took earlier and hopefully you took it to, if not make sure to follow to get these signals, been on absolute fire 🔥 this week.
So enough chat, looking at the chart, very simple stuff guys, we can see ‘higher highs’ & ‘higher lows’ being made. Tells us this trade is still valid, still in a beautiful uptrend, and guys we pretty much got a perfect entry on this trade.
Around 35pips profit so far, TP is set at around 90pips I believe, SL currently at break even looking to move around 15pip area. Dont miss another one off my signals hit that follow button and lets get these pips!! 🔥🤑🔥🤑
GBP/CHF Short Another pair that I had on watch last week and that I mentioned in my free weekly outlook.
This pair gave a nice bearish close on Friday at a major key area on the chart. I am now short this pair and expect it to retrace back down to the lows. As before, I will lock in at break even at my alert, and ill be closing out some of my profits on the way down.
If you want to learn more, please follow me on here or on Instagram @saxonpooley. I produce free weekly outlooks every weekend, where I break down key areas on a pairs I am watching.
I also teach people how to trade so if you are keen to learn, feel free drop me a message!
Saxon
USDCAD: possible level to start building a short position1.413-1.417 price zone might act as resistance and possible level to start building a short position.
Main risks are:
-oil price recovery
-decline in equity market, in which case USD might act as safe-heaven asset once again
-bullish bias
Feel free to share your opinion/position via comment and follow me to stay updated + support my work by hitting like.)
Those who Believe in shorting. You guys go ahed 🤩🤩. don’t miss. Analysis level - (advanced) wave analysis
please don’t forget to follow for more ideas. i’ll post basic type of analysis for new traders and advanced analysis for professionals.
On the BTCUSDT 1D chart, As the cycle degree, it looks like wave ((IV)) down of an ascending impulse is underway.
Wave - ((IV)) impulse
R/R - Extremely high
Target - 6699.95 (13.4 %)
Risk - 7792.02 (0.8 %)
Beware from whale trap. Don’t think btc to $100k and moon.As you can see price is increasing but volume is surprisingly decreasing everyday. Huge accumulation is going on and i can smell mini dump before halving. now it’s 13% up from yesterday, sell 30% holdings and book profit. if my analysis is accurate as i have seen whale activities in past. After 10k big dump will be there and it will be great entry point. hold your cash tight. The strategy is simple keep booking small profits.
if you think you’ve gained at least 1% knowledge the follow me for more ideas..thank you..
Follow carefully. ( posting it repeatedly because is imp. )follow me for more ideas till next Bitcoin halving. each and every entry exit point.
PM me if you are in loss and want some advice.
let me start boring discussion. ( but it’s very important ).
as we know only 14 days left till the next historic halving event. We need to keep watching every move.
as you can see crucial levels starting from supports 6500, 6800, 7400 and resistance levels 7740, 8100.
1. Btc is now at 7670. If it drops from the support 7450 then you can immediately exit and then wait for next sipport 6800. If it holds 6800 then you can again take entry. ( **remember when i say holds support that means minimum 6 one hour candles above that level). if it drops then take entries from 6500 support.
2. If it successfully raise and hold above 7740 and then 8100. then it will be a FOMO situation there. And price can see huge pump toward 9000 level.
3. If bitcoin remains between 7450 and 8100. We can expect mini bull run in major altcoins. like cardano( ADA ), komodo( KMD ), ontology( ONT ) and other good fundamentally strong alts.
I hope you are clear about when to enter and where to exit.
feel free to comment or contact me in PM for any doubt.
If you like my ideas and watch my previous accurate guidance then follow me for more.
Like share knowledge.
Re : Ultimate bitcoin price technical analysis. Hit follow 🥰follow me for more ideas till next Bitcoin halving. each and every entry exit point.
PM me if you are in loss and want some advice.
let me start boring discussion. ( but it’s very important ).
as we know only 14 days left till the next historic halving event. We need to keep watching every move.
as you can see crucial levels starting from supports 6500, 6800, 7400 and resistance levels 7740, 8100.
1. Btc is now at 7670. If it drops from the support 7450 then you can immediately exit and then wait for next sipport 6800. If it holds 6800 then you can again take entry. ( **remember when i say holds support that means minimum 6 one hour candles above that level). if it drops then take entries from 6500 support.
2. If it successfully raise and hold above 7740 and then 8100. then it will be a FOMO situation there. And price can see huge pump toward 9000 level.
3. If bitcoin remains between 7450 and 8100. We can expect mini bull run in major altcoins. like cardano( ADA ), komodo( KMD ), ontology( ONT ) and other good fundamentally strong alts.
I hope you are clear about when to enter and where to exit.
feel free to comment or contact me in PM for any doubt.
If you like my ideas and watch my previous accurate guidance then follow me for more.
Like share knowledge.
USDCAD LONGUSDCAD is moving in an upward trend making higher lows and testing new support. I would not go long to the highest point because it is Friday and I don't want to get caught up in between when the market opens up and other factors. Target was previous high with a little push. Now let's see how this baby does.
EURUSD: butterfly pattern + the price is breaking out?Happy Easter Monday catholic traders!
Today the volatility should be low, however it could be possible, that there is a butterfly pattern forming on daily time-frame in EURUSD + the price is breaking out of the descending triangle chart pattern, which signals that the price could start going higher...
However, moving average indicates that the trend (bias) is still bearish, which means further price confirmation is needed before joining bulls.
Fundamentally, I would like to highlight some cons and pros, which might give a broader view about the current economic situation in both US and EU and might support the technical picture:
Cons:
1. COVID-19 stats in EU are still pretty bad and number of confirmed cases are growing more than 2% in major European countries, while in USA the growing pace is around 1% (as of today)
2. USD could act as safe-heaven asset once-again, if equity market provides one more leg lower, thus it's possible to see another USD bullish rally in shorter term.
3. Despite of monetary easing, interest rate is still higher in US, meaning that swaps are negative, if buying EUR against USD
4. Unemployment rate in Euro area is higher (4,4% against 7,9% forecast), than in US (as of March 2020)
5. GDP Growth rate in US is 2,1%, while in Euro area it's 0,1% ( as of Dec 2019)
6. Inflation rate in US is 1,5%, while in Euro are it's 0,7% (as of March 2020).
Pros:
1. USA has the highest number of COVID-19 confirmed cases
2. Consensus around eurobonds could support EUR and might act as a strong signal that Europe stands together
3. FED liquidity injection must have weakening impact on USD and lot's of companies are still going to default
4. Current account to GDP in US is -2,3%, while in Euro area it's +3,1% (as of Dec 2019)
5. Government debt to GDP in US is 107%, while in Euro area it's 85,9% (as of Dec 2019).
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S&P500: bull trap?Technically speaking, yesterday S&P500 closed with a shooting star candlestick pattern on daily chart, which was a warning signal for bulls...
...today the market continues going higher and it might produce better price to short the equity market.
The COVID-19 pandemic is still out there killing people and lot's of industries (e.g. airlines, hotels or cruise lines, etc.) are not working properly...
...companies cut dividends, while people loose their jobs (more than 6,6 million initial jobless claims in US came out last week).
If you ask me, whether I think the price formed on 23rd of March this year (around 2200) is the bottom for the equity market, my answer would be: definitely not.
What's happening now, seems to me more like "FOMO correction" move, rather than "V" shape economic recovery.
Hopefully I am wrong, but in one thing I am pretty sure: "building - is not breaking"...
...so joining bears from around 2780-2800 price zone seems logical for me.
Keep in mind, that it's important to follow predefined goal and rules when trading.
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BTCUSD: possible long scnearioTechnically speaking, BTC has broken out from the triangle chart pattern on 4h timeframe...
...so entering from around 6600 with S/L around 5650 and T/P around 9200 (previous March high) price levels provides decent R:R opportunity.
Fundamentally, BTC was under pressure as other major markets and I am not sure we are not going to see lower levels in the coming days/weeks, but before that another bull rally is quite possible.
Keep in mind, that It's important to follow predefined risk and money management rules.
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USDCAD: possible short scenarioCAD is under pressure mostly due to oil prices, last week it weakened more than 6% against USD.
Let's assume that we are going to see some correction this week and speculate on this move...
Entering the market between 1.4390-1.4576 with T/P around 1.3930 provides decent R:R opportunity.
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RVNUSDT: possible buy opportunityThe price is above 200 MA and can reach previous high above it.
EMA indicator also bullish.
Entering the market from around 0.0148 price level with S/L below 0.012 and 0.0283 T/P provides decent R:R.
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LTCUSD: possible buy opportunityCryptocurrency market also crashed and didn't act as safe-heaven asset-class...
ETC lost more than 50% of it's value in March.
At the moment it's moving sideways in a triangle, accumulating longs?
EMA indicator is bullish.
Entering the market from around 5 price level with S/L below 4.5 and T/P above 7 provides decent R:R.
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